UK Tea and Other Hot Drinks Market Report 2023
$ 2,995 (Excl.Tax)
When purchasing 2 reports
When purchasing 3 reports
When purchasing 4+ reports
$ 2,995 (Excl.Tax)
Stay ahead of the curve and secure future growth for your business with Mintel’s UK Tea and Other Hot Drinks Market Report 2023. Our full report is packed with consumer-led market intelligence, the latest trends and consumer behaviours affecting your industry. Get a 360° view of the UK hot drinks industry including market size, forecasted growth, and opportunities for the tea and other hot drinks market.
Below, we’ve handpicked the key insights analysed in the full report and summarised the core topics.
Sharp value growth is expected in 2023, propelled by inflation. Volumes are expected to see a slight decline amid warmer weather. The ongoing cost-of-living crisis has had mixed effects on the UK tea market, it has encouraged at-home occasions but prompted consumers to be more frugal.
Ordinary tea continues to dominate the category, reflecting its ingrained role in the nation’s drinks choices. However, it now only accounts for half of the nation’s retail spend. Challengers like fruit, herbal and speciality teas have chipped away at ordinary tea sales.
The strong appeal of tea as a good choice for an affordable gift holds potential for brands to unlock incremental sales by targeting gifting. This is particularly pertinent in the short term while household incomes remain under pressure. Gift formats warrant further attention from mainstream players. Most people who consider tea a good affordable gift attach high importance in their tea choice to a brand they’ve bought before.
The better-for-you space holds untapped potential in the hot chocolate segment, with interest in variants with added health benefits. Protein stands out as an area to explore in mainstream hot chocolate, given plentiful recipes online and the prevalence of high-protein chocolate drinks.
Purchase our full report to discover more consumer insights and recommendations for growth opportunities from our expert researchers. To learn more about the tea market, take a look at Mintel’s The Future of Tea 2023.
This report, written by Kiti Soininen, a leading Food and Drink analyst, delivers in-depth commentary and analysis to highlight current trends in the UK tea and other hot drinks market and add expert context to the numbers.
The category faces a growing need to reaffirm its relevance to needstates beyond offering comfort, as it looks ahead beyond the income squeeze.
Mintel provides a range of market information, frequently through the category level, including market size and forecasting, complete with market drivers that illustrate the forces that shape a category or market.
Mintel’s proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues.
Mintel provides overviews of the top brands and manufacturers, and uses consumer research to explore attitudes and reactions to brands, as well as insight into what will resonate with consumers.
Market reports provide appendices of data to support the research and insight produced. Our databooks* are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.
*databooks not available with UK B2B Industry reports.
Please Note: This is a sample report. All of the figures, graphs, and tables have been redacted. Our reports are available to download in PDF and PPT formats.